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01 October 2020 The on-line newspaper devoted to the world of transports 20:45 GMT+2

May 1, 2000

AB Ports set to reveal £1bn bid from Nomura

Associated British Ports, the UK's biggest ports operator, is tomorrow expected to confirm that it has had a £1bn-plus bid approach from Nomura, the Japanese investment bank.

Nomura is understood to have used Warburg Dillon Read, the investment bank, to approach AB Ports, which has not yet responded.

"It's at very early stages and anything could ......
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